Excluding the interest payments, the budget recorded a surplus of 7.7 billion Turkish liras (around $2 billion) in January, while the interest expenditures were around six billion Turkish liras ($1.6 billion).

The government's tax revenues reached 52 billion liras ($13.7 billion) in the first month of this year, a 7.4 percent annual rise in tax collection.

Last year, Turkey's central government budget balance showed a deficit of 47.4 billion Turkish liras ($12.9 billion), which was below the expectations -- around 1.5 percent of the GDP.